Legal Technology News

Technology Trends Worth Noting
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

technology

Summary: There are a few technology trends that law firms and in-house departments should be paying attention to.

Technology has advanced enormously in the last ten years, the thought of where it may be in another ten years may leave some freaking out, especially those in the legal industry. As a whole, the legal industry has been slower to pick up and adapt to changes in technology but there are some changes that they should be paying close attention to. Big Law Business discusses four topics that law firms and in-house departments need to keep on top of.

  
What
Where


  1. Cybersecurity

With so much sensitive information stored on computer files and online, securing that data should be the top priority for law firms. With cybersecurity comes the new General Data Protection Regulation (GDPR) guidelines in the EU. Data security is being viewed differently as organizations are required to provide users with information on how their personal data is collected. If the users request it, organizations must be prepared to delete that information. Not complying with these requirements can cost an organization up to 4 percent of their global annual revenue.

  1. Artificial Intelligence

The use of artificial intelligence in the legal sector is gaining traction as it is providing to be a beneficial technology for law firms and in-house departments. While some attorneys may fear that “robots” will take over their job, at this time, artificial intelligence simply helps attorneys spend their time on more valuable tasks. Having programs complete mundane work such as research and contract review saves not only time but money too.

  1. Blockchain

This technology may be a little less known than the other technology trends but it is becoming more popular as cryptocurrency keeps growing. Blockchain technology is beginning to be used by the legal industry for “smart contracts.” The technology is also part of the document security and control aspect that in-house teams need to control where documents exist and who can access them.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




  1. Mobility

Technology allows users to access information and data wherever. The ease of this ability lets attorneys continue to be accessible and get more work done when away from the office. This helps improve efficiency and client satisfaction and engagement.

Do you think there is a trend that is more important for the legal industry to pay attention to? Share your thoughts with us in the comments below.



To learn more about technology’s influence on the legal industry, read these articles:

Photo: pxhere.com



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-CA-La Mesa

La Mesa office of our client seeks associate attorney with 3-5 years of experience advising and/or l...

Apply Now

Senior Litigation Associate Attorney

USA-IL-Chicago

Chicago office of our client seeks senior associate attorney with 7-15 years of litigation experienc...

Apply Now

Commercial Litigation Associate Attorney

USA-MO-Saint Louis

St. Louis office of our client, a Chambers ranked law firm, is actively seeking associates to join o...

Apply Now

RELEVANT JOBS

Real Estate Closing Attorney

USA-SC-Lake Wylie

Job Summary: Growing Real Estate Law Firm is seeking Attorney to handle real estate transactions ...

Apply now

Bilingual (Spanish) Deportation Defense - Attorney

USA-CA-Sacramento

Boutique immigration law firm in San Francisco is searching for a junior associate to represent indi...

Apply now

Experienced Bilingual Immigration Legal Assistant

USA-IL-Chicago

This is an excellent career opportunity for an experienced Family Based Immigration Paralegal to joi...

Apply now

Experienced Attorney- Calling all Solo Practitioners

USA-IL-Chicago

JOB DESCRIPTION One of Illinois\' fastest growing law firms is currently seeking a licensed attor...

Apply now

SEARCH IN ARCHIVE

To Top